News

Reducing the base rate from its current historical low of 0.5% into negative territory "remains an option" for the Bank of England's Monetary Policy Committee (MPC), deputy governor Charles Bean has said.

AXA Investment Managers' CEO Dominique Carrel-Billiard is to leave the company, with the head of AXA's Itlaian insurance business Andrea Rossi to take over.

A dramatic shift in the outlook for interest rates has been seen with money market indicators now pricing in a base rate rise in the UK to 0.75% in two years' time rather than three.

Aberdeen's Bruce Stout, manager of the £1.6bn Murray International investment trust, has reduced his fixed interest exposure to its lowest level in 25 years, claiming there is little value left in the asset class.

Chinese stocks sank deeper into bear market territory on Tuesday as fears over a credit crunch in China escalated.

It is "inevitable" Italy will need an EU bailout in the next six months, according to analysts at the country's second largest bank.

M&G's Tiltman is backing "the Carnaby street of tomorrow" in her REIT securities fund in a bid to tap the emerging consumer.

James Hambro & Partners has seen assets under management break through the £1bn barrier after strong flows in the last twelve months, the group reported today.

Investors have ploughed more than £34bn into underperforming funds which have severely lagged peers over the past three years, the latest RedZone report from Chelsea Financial Services reveals.

The Investment Management Association (IMA) has begun publicly revealing Targeted Absolute Return funds' rolling 12-month performance as part of a tightening of requirements, following widespread criticism of the sector.